The United States payment gateways market is primarily propelled by the expanding e-commerce sector along with the increasing disposable income levels of the consumers. Moreover, payment gateways assist organizations, like brick-and-mortar stores and online retail platforms, to collect money without compromising sensitive data. Besides this, the rising adoption of the Internet of Things (IoT), artificial intelligence (AI), cloud computing and near field communications (NFC) has simplified the bill payment process by minimizing the requirement for physical cards. Furthermore, various leading companies in the United States are expanding their consumer base by providing various cashback schemes, discounts, rebates etc., to expand their customer base, which will continue to further drive the market for payment gateways in the coming years.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
United States Payment Gateway Market 2021-2026 Analysis and Segmentation:
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The report has segmented the market on the basis of Mode of Interaction, Application and Region.
Market Breakup by Application:Large Enterprises
- Micro and Small Enterprises
- Mid-Size Enterprises
- Hosted Payment Gateways
- Pro/Self-Hosted Payment Gateways
- API/Non-Hosted Payment Gateways
- Local Bank Integrates
- Direct Payment Gateways
- Platform-Based Payment Gateways
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